1514-1520 Garden St. Santa Barbara, CA 93101

1514-1520 Garden St.
Santa Barbara, CA 93101

Property Type
Multi-Family
Price
$7,600,000
Units
11 Units
Land Size
0.38 Acres
County
Santa Barbara

Tucked away in the picturesque heart of downtown Santa Barbara, 1514–1520 Garden St. presents a rare and highly coveted investment opportunity. Comprising two separate large parcels, this asset boasts a (1) 7 bed/5.5 bath house, (1) 3 bed/3 bath ADU, (2) 2 bed/2 bath ADUs, (6) 1 bed/1bath units and (1) studio. Both original structures have been designated as a Structure of Merit by the Historic Landmarks Commission, however, each unique unit has been extensively remodeled with high-quality finishes and new appliances. The spaces boast a mixture of vaulted ceilings, wood-tile flooring and a/c units. While large, updated windows invite a flood of natural light, creating a warm, welcoming ambiance throughout. Each bedroom provides its own separate entrance and serene private space. The exterior of the property is equipped with new 40-year roofs and solar panels, ensuring hassle-free maintenance for years to come. Meandering walkways intertwine through the new landscaping which includes flower and herb gardens, passionfruit, citrus, fig, avocado trees and more. Tenants enjoy the ease of off-street parking and washer/dryers in each unit. Just beyond the property’s tranquil and relaxing setting lies Santa Barbara’s lively downtown filled with restaurants, art museums, shopping and theatres making it a tenant’s dream. Do not miss out on making this unique property a part of your portfolio.

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